ICOs Are Disrupting The Venture Capital Industry With Brock Pierce

Brock is a serial entrepreneur, digital currency visionary, and Chairman of the Bitcoin Foundation.

Often referred to as the father of digital currency, he made millions in the internet gaming industry, where he was involved in trading virtual video game currencies.

He founded Blockchain Capital with two other partners, and they have become one of the leading venture capital firms investing in Blockchain.

In this episode, we talk about how Blockchain Capital is using tokens sales/ICOs to disrupt the VC industry, how they created the world’s first Digital Liquid Venture Fund, and the most critical factor they consider when deciding on which company to invest in.

SHOW NOTES

[00:49] – Who is Brock Pierce? Introduction and overview

[02:26] – Brock’s introduction to Bitcoin and Blockchain

[04:50] – His biggest challenge as a Bitcoin entrepreneur

[06:56] – How Blockchain will cause a “leapfrog effect” in developing countries

[08:12] – How Blockchain is “the future of everything”

[14:37] – One area Brock thinks is ripe for Blockchain disruption

[15:35] – The one critical success factor for any Blockchain company

[17:28] – The Blockchain “killer app”

[20:40] – Brock and I discuss Blockchain Capital’s “Digital LP Fund”

[26:47] – The dangers of participating in “non-compliant” ICOs/token sales